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xoxoxoBruce · 07-02-2012, 05:23 PM

I agree that regulating would be better than banning but it's a tough sell to people that have witnessed so much failure.
Industry, after industry, from coal mines and oil companies, to food producers and financial institutions, were supposed to be regulated only to find half were on an honor system, and the other half were watched over by industry insiders.
Then when they get caught, or worse fuck up big time, it's oh sorry here's .00001% of the extra profit we made by destroying your corner of the world for the foreseeable future.

To really regulate these potentially disastrous operations takes tough independent watchers who know exactly what's going on in these "proprietary" processes, and that takes money. Nobody wants to pay for it.

07-02-2012, 05:23 PM	#113
xoxoxoBruce The future is unwritten Join Date: Oct 2002 Posts: 71,105	I agree that regulating would be better than banning but it's a tough sell to people that have witnessed so much failure. Industry, after industry, from coal mines and oil companies, to food producers and financial institutions, were supposed to be regulated only to find half were on an honor system, and the other half were watched over by industry insiders. Then when they get caught, or worse fuck up big time, it's oh sorry here's .00001% of the extra profit we made by destroying your corner of the world for the foreseeable future. To really regulate these potentially disastrous operations takes tough independent watchers who know exactly what's going on in these "proprietary" processes, and that takes money. Nobody wants to pay for it. __________________ The descent of man ~ Nixon, Friedman, Reagan, Trump.